Icon Advisers Trimmed Abbvie (ABBV) Position; Inter Parfums (IPAR)'s Sentiment Is 1.38

Marco Green
February 22, 2018

Steinberg Global Asset Management decreased Abbvie Inc (ABBV) stake by 16.35% reported in 2017Q3 SEC filing. Icon Advisers Inc sold 23,700 shares as Abbvie Inc (ABBV)'s stock rose 6.17%. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.04. St. Louis Trust Co now owns 3,411 shares of the company's stock worth $248,000 after purchasing an additional 23 shares during the last quarter. 8,716,981 shares of the company's stock traded hands, compared to its average volume of 7,680,000.

AbbVie (NYSE:ABBV) had its target price increased by Piper Jaffray Companies from $130.00 to $138.00 in a research note issued to investors on Thursday morning. It has underperformed by 6.07% the S&P500.

Analysts await Equity Commonwealth (NYSE:EQC) to report earnings on February, 21. Finally, Evercore ISI restated a "buy" rating and set a $144.00 price objective on shares of AbbVie in a report on Monday, January 29th. Therefore 48% are positive. Align Technology had 53 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned "Sell" rating on Friday, July 22 by Standpoint Research. The rating was initiated by Societe Generale with "Sell" on Wednesday, April 6. (NYSE:ABBV) news were published by: Seekingalpha.com which released: "AbbVie: Time To Trim Our Position?" on February 12, 2018, also Seekingalpha.com with their article: "AbbVie's Bright Future" published on January 30, 2018, Fool.com published: "Why AbbVie Inc.'s Shares Rocketed 16% in January" on February 07, 2018. The stock of Brookdale Senior Living Inc. The firm has "Equal-Weight" rating by Barclays Capital given on Friday, October 13. As per Thursday, September 28, the company rating was maintained by Piper Jaffray. The firm earned "Hold" rating on Thursday, September 28 by Deutsche Bank. Also, Chairman Richard A. Gonzalez sold 218,193 shares of the company's stock in a transaction dated Tuesday, November 21st. Leerink Swann cut AbbVie from an "outperform" rating to a "market perform" rating and set a $127.00 price objective on the stock.in a report on Monday, January 29th.

Dynamic Advisors Solutions Llc, which manages about $252.91 million US Long portfolio, upped its stake in International Business Machs (NYSE:IBM) by 10,400 shares to 15,767 shares, valued at $2.29M in 2017Q3, according to the filing. Riggs Asset Managment owns 46 shares or 0% of their USA portfolio. (NYSE:ABBV). Strategic Ser Inc reported 5,122 shares. Its down 0.15, from 1 in 2017Q2. Exane Derivatives invested in 10,504 shares. Palisade Asset Management LLC increased its stake in shares of AbbVie by 17.9% in the second quarter. Lockheed Martin Investment Management holds 0.17% of its portfolio in General Electric Company (NYSE:GE) for 131,905 shares. North Run Capital Lp who had been investing in Brookdale Sr Living Inc (Call) for a number of months, seems to be less bullish one the $1.72 billion market cap company. Legal & General Public Ltd Co stated it has 8.12 million shares or 0.54% of all its holdings. (NYSE:ABBV). Aqr Capital Mgmt Limited Liability Company accumulated 0.4% or 3.74 million shares. 526,863 are held by Cibc Corporation.

Ranger Investment Management L.P. holds 2.46% of its portfolio in Inter Parfums, Inc. for 794,030 shares. Stockholders of record on Friday, April 13th will be paid a dividend of $0.96 per share. Dock Street Asset Management Inc. raised its holdings in AbbVie by 5.5% in the 2nd quarter. (NYSE:C). 197,011 are owned by King Luther Mngmt Corporation. Palouse Capital Mngmt holds 2% or 67,410 shares. BMO Capital Markets maintained AbbVie Inc.

Apriem Advisors increased Verizon Communicatn (NYSE:VZ) stake by 7,843 shares to 85,758 valued at $4.24M in 2017Q3. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Strategic Fincl reported 0.08% in AbbVie Inc. Piper Jaffray Companies now has an overweight rating on the stock. Jlb And Associate has invested 1.42% in AbbVie Inc. (NASDAQ:ALGN) rating on Wednesday, January 31. The rating was upgraded by Cowen & Co on Wednesday, October 11 to "Outperform". BMO Capital Markets maintained AbbVie Inc. On Friday, December 18 the stock rating was initiated by Atlantic Securities with "Neutral". As per Monday, December 4, the company rating was maintained by Leerink Swann. Jefferies has "Buy" rating and $68.0 target. The firm has "Buy" rating by Jefferies given on Friday, July 14. The firm earned "Neutral" rating on Wednesday, September 9 by Bank of America.

Summit Financial Wealth Advisors Llc, which manages about $360.13M and $274.98M US Long portfolio, decreased its stake in Illinois Tool Wks Inc (NYSE:ITW) by 2,435 shares to 16,101 shares, valued at $2.38 million in 2017Q3, according to the filing. It also increased its holding in Schein Henry Inc (NASDAQ:HSIC) by 59,561 shares in the quarter, for a total of 111,006 shares, and has risen its stake in Telus Corp (NYSE:TU).

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.08, from 0.71 in 2017Q2. It is negative, as 112 investors sold GE shares while 818 reduced holdings. Savant Capital LLC raised its stake in shares of AbbVie by 1.3% during the 2nd quarter. (NASDAQ:CONE). Cornerstone Advsr reported 0% stake. Following the sale, the chairman now owns 492,030 shares of the company's stock, valued at approximately $46,255,740.30. Princeton Capital Management Inc. purchased a new position in AbbVie in the 2nd quarter valued at approximately $1,394,000. Arrowstreet Cap Ltd Partnership invested 0.68% of its portfolio in AbbVie Inc. (NYSE:ABBV). Investment Advsrs Lc invested in 0.2% or 32,587 shares. (NYSE:ABBV). Crawford Inv Counsel has 22,479 shares. Chem National Bank & Trust accumulated 41,649 shares. Blackhill Capital Incorporated stated it has 203,660 shares. Independence Tru Company reported 26,133 shares or 2.65% of all its holdings. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Next Finance Gp Incorporated holds 18,564 shares. Fruth Invest accumulated 36,745 shares.

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